Aussie property values fall another 0.5% in August

Tuesday, 1 September 2020

CoreLogic’s dwelling value results for August are out at the 5-city level, with values falling another 0.54% over the month, driven by Melbourne and Sydney:

It was the fourth consecutive monthly decline:

Over the August quarter, dwelling values fell by 2.2% across the major capitals:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.